jamie dimon was asked about it.erroad others and decide to terminate the relationship. i think he is just essentially putting the responsibility on him. >> yeah. it's interesting. those records showing the legal team repeatedly were evaluating the legal status. but yet approved the accounts year after year. thank you. all of this happening as well as there is some more jamie dimon news. >> there is. i would note to people know the time line here. in 2008, jeffrey epstein pleaded guilty to soliciting and procuring of a minor for prostitution. that is key here. he served time and then kept on as a client and dimon saying this should have never have happened, right? there is a lot more to follow here. but there is other news, right. as this is happening, the news of jamie dimon's deposition broke just as some major wall street players began publicly encouraging him to run for president of the united states. our chief business correspondent and anchor christine romans is here with that. really interesting. >> it really

dani: not to make everything about jamie dimon, but jamie dimon doing a tour of china, at the same timeelon musk. can be really say given the fact that two ever so present business leaders in the u.s. are in china, is american business really decoupling from china? charles: now we call it de-risking because it is a little more benign than decoupling. but the truth is, we are absolutely decoupling, and de-risking, and we're seeing it on multiple levels. the u.s. will expand the tech export restriction list beyond advanced semi's, we have convinced the dutch and south koreans to join us. we will continue to deter around taiwan which is only escalatory. china is the world's second-biggest economy, it makes sense for u.s. companies that have large presences like tesla, apple, starbucks, jp morgan to go there and engage. and to invest more, given that it is such a large economy, but given everything the ccp is doing to crackdown on their own companies, these raids on u.s. consulting companies is pretty outrageous. china has big problems, and on the corporate side with some of the exceptions

so jamie dimon has got to go out there.f he does go out there what is he offering that others don't have? he is a big banker he made $35 million laster's going to question about inequality and things like that. so you better be out there establishing her own agenda or your would be eaten alive by those kinds of questions. >> it happens it is the nature of the beast it can be beastly for steve forbes always good to see you my friend, thank you very much. neil: in the meantime maybe this is all a focus on something that might not materialize that republican saying the economy is horrific and along comes a jobs report that is just off the charts. so the same guy they are focusing on for stumbling, bumbling and tripping has a jobs report that could get him reelected easily? we are on it after this. many were shocked to learn they've been paying 22% on their credit card balances. and if payments were late, as much as 30%. that's over three times the interest rate on a newday 100 va home loan. pay off high rate credit cards and o

we had some evergreen names like warren buffett and jamie dimon and tim cook.ech names, new names like marvin ellison from lows and tricia griffith from progressive. >> one big name in the headlines that does not make the list. elon musk, what's up with that. >> elon is polarizing. and i think that is something that people hold against him that you love him or hate him. it's fair to say that this is not necessarily the best year for tesla. a great company and remarkable inventor at the very least. but he has some downsides. >> he has some great things that tesla cannot deny but i cannot put ceo on this list that buys another company and sells tesla stock to go ahead and fund it. and does not worry about his shareholders, that's what your jobs is a ceo. >> the stock got hit very hard in the last month it added more than toyota and the u.s. automakers put together but not with twitter. on the other hand al some ceos that were dealt a bad hand but seem to make the best of it. >> in terms of qualitative and quantitative factors. from uber, if you look at that stock

i would say it's too late not just for jamie dimon, for just about anybody.emocratic party of 20 or 30 years ago. maria: great point. great point. >> jamie dimon's b biography, s experience, background, would be a cause of controversy in a democratic party primary debate. i think those two big challenges probably means i don't think he's going to run. maria: the whole conversation started and before the bill akman tweet, cheryl, it was triggered because jamie dimon said in a bloomberg interview that seeking public office has crossed his mind. >> and in that same interview he said i'm a patriot, i love my country. maybe i will -- maria: he is a patriot. he hired lots of veterans at jpm. >> that program is amazing at jp morgan. i looked at a quote from -- what ticket would he run on. maria: democrat. >> i think what's interesting, the bill akman piece, pretty amazing, does not suffer fools lightly. the issue of seeing somebody with a business background in government, he doesn't have to be president. it could be a cabinet position. maria: how about treasury sec

staley said he did brief dimon dimon said he was never briefed about epstein and didn't know anything7. we will see what staley has to say in the deposition scheduled for june 10th and whether or not he is willing to say that under oath on the record and then where we go from there is you are looking at court case going public in september and they will have to sort it out. which one is right >> june 10th will be interesting. eamon, thank you >>> coming up, data from china sparking concern as the hang seng index flirts with bear market territory that is next reminder, you can watch or listen to usive lany time on the cnbc app can be the mos thrilli. there's an abundance of reasons to get started. how far we take an idea is a question of willpower. because progress... is a matter of character. the first time you connected your godaddy website and your store was also the first time you realized... well, we can do anything. cheesecake cookies? the chookie! manage all your sales from one place with a partner that always puts you first. (we did it) start today at godaddy.com >>> china's la

jamie dimon said he loves his country. he said that before.ven you when you interviewed him a few months ago it feels bill ackman is trying to build a movement. the assumption is potentially that president biden may not run for whatever reason. although he has thrown his hat into the ring. the other assumption is if biden is running, that jamie dimon could have a chance of actually beating him and it seems very unlikely at this point in which case, it opens the possibility of the third party and as we know n the u.s., it is difficult to get critical mass behind a third party >> running as an independent doesn't work in the u.s. he would have to consider running as a democrat. many are thinking back to bloomberg and his run and the problems with his run is he was well known on the coast and in new york city. beyond that, he wasn't a household name he wasn't beloved by the broader nation the fear would be dimon would be in a similar position. >> i think you need to appreciate as well is the democratic party has representatives from across the sp

obviously jamie dimon himself that runs j.p.n chase has always hinted of a career beyond the banking. the name does come up a lot. charlie gasparino with us right now with what he makes of that and all of this wooing of another business guy. what do you think? >> i remember jamie back from the early 90s when neither of us had any gray hairs. he barely had any gray hair there. jamie dimon about two years after that was fired as a senior executive. >> neil: i remember that. >> he went into hiatus or awhile, bounced around and became ceo of bank one, i believe it was. merged with j.p. morgan. became the ceo of j.p. morgan and the greatest banker that we have right now. he led j.p. morgan through the financial crisis, the one bank that didn't need a bail-out. >> neil: he's the latest name being bantied around. we remember ross perot. he got 19% of the vote. a campaign that he entered and left. we can remember when lee iacocca was being wooed. and donald trump in 2016. himself a business titan that made to it the white house. >> you

you talk to jamie dimon's jess staley is the point man. out. if you talk to jess staley, he is telling people, guess what? i told jamie dimon, legal department everybody about him. they knew. they were involved in the brouhaha, controversies surrounding this account which was very lucrative. what does it mean for jpmorgan? i don't think this is a problem for jamie dimon himself. there is no evidence linking him to anything here. by the way he is the ceo. he meets with thousands of people. this is one of 82 million accounts at the company. it is an important account, if was big, he doesn't know. he runs a big investment bank. it is a big thing. liz: he becomes haver inable through his mon i don't knows that allowed this -- minions. >> what is jpmorgan's liability if you're a stockholder? they're being sued by a victim and virgin island government. from what i understand inside the company they will settle with the victim at some point. at some point there will be a settlement based on how messy the details are here. they will fight from wha

jamie dimon's comes up.o, brock, if you don't mind, like to look at the political side of things and what you make of this move towards seeing business guys making a run. what do you think of that? >> well, first of all, as americans i think we always want more choice. we want more options to choose from. i mean certainly i agree with your earlier statement. as of today it looks like a biden-trump rematch. if we are, as the american people going to end up with other choices it is because other candidates have thrown their hat in the ring. so i think it's wonderful thing that we are getting options. because i think that serves the best interest of the public. pence is obviously been known as a candidate that was likely going to run for a while. you know, again, pompeo and liz cheney, many are on the map early on, when it is nikki haley, tim scott, the republican field is emerging. a bunch of potential challengers, desantis, seeing if trump can be dethroned. on the democraticside we're obviously seeing a whole

dimon there is a guy who is hiding .ly you are that tycho is drawn. do not know that the city at night kill you. and you and you boris ivanovich do not take any part. what can i do with this? stop quietly. do you know bottles? everyone calmed down. my guest left at night with his father. some kind of kindergarten it's not me it's dimon how old are you? what are you anyway? after that, i won’t communicate with dimon at all, of course, you won’t. remove dimon and lay down yours killed. you're the only one left, you know? and they will kill you. or meltons will be imprisoned. -that's what you collect things, i'll hide you. where are you or what? why aren't you at school? ok. get off her, look. who came to you, that little boy? nothing now, we'll explain everything. three for one a little what is no, actually there were no plans. well, if you don't mind, then i'll take you. the investigator will have to tell him everything. yesterday's history. yes, sure. if necessary, well, think maybe you forgot to tell me something. remem

charlie, will dimon do it? what are you hearingsome. >> maybe.erybody's moving down there, you know? liz: he loves it. he's been there forever. >> i know, it's like ron desantis is torching the place so bad that people can't wait to move back to new york city and is state -- and state. i digress. no labels, it's an independent group, it's theoretically supposed to be both republican and democrats. they are looking for candidates, already names bandied about. now, we should point out, they need to get on ballots in every state, they need delegates. they're working on that. they're looking for candidates to basically round out the field. larry hogan, the former governor from maryland, is one. joe manchin, apparently, is one. what we're hearing now is that among key fundraisers there's two names that came up recently, and the one of them you'll mow is jamie dimon, the head of jpmorgan chase, the ceo. the other name that's coming up is the former ceo of pepsico. liz: oh, sure. >> i've heard her name bounced around. now, i don't know if she's the vice

guest: i am not sure specifically which comments by jamie dimon you're referring to.know there were some comments he made last year about how their was bad times ahead coming for the economy, i think the term he used was a hurricane. this is reflective of how much up and down the predictions about what is going to happen to the economy have been. when you listen to economic commentary month by month, it is like, we are probably going to have a recession, maybe we are not going to have a recession. you can point to a lot of comments that have been made by financial economist type people that have not worn out. certainly, that is one of them. as to the student loan, i think that decision is due out today. we will have to see how the supreme court rules on whether president biden has the ability to forgive those payments. regardless, it is going to have an impact on the economy that later this year, those student loan borrowers are going to have to resume those payments and that is something that could eat into a lot of these nice savings people have built up during the

. >> good morning, contescontessa jpmorgan chase's ceo jamie dimon is planning to visit taiwan after wrapping up the trip to china amid high tension with beijing and washington according to reports, dimon is set to arrive in taiwan today as part of the trip across asia and will meet with 500 local employees and customers. >>> chinese ev start up li auto delivered twice as many cars in may versus a year ago marking the third trstraight month li ao deliverables from competitors. >>> and meta will require employees to return to the office three days a week starting in september joining amazon and alphabet in reversin course a meta spokesperson said they started notifying employees yesterday and confident that workers can make a meaningful impact from the office and at home contessa three days a week. >> silvana, thank you. >>> let's look at futures this morning as investors wait for the monthly jobs report. you can see green across the board. we are watching the jobs report and if that influences the next steps to tame inflation. ahead of that, bank of america said they saw the biggest

before the move was made this is after the recent jamie dimon deposition tied to two lawsuits dimoned that an executive and former head lawyer could have given jeffrey epstein the boot before they made the move in 2013. dimon added he had no knowledge about the claims against jeffrey epstein in 2006 and he was barely aware of him at all until 2019 >>> ziprecruder announcing layoffs. in the regulatory filing, it will cut 20% of the work force that is 270 jobs and half of the cuts will come from sales and customer support positions the ceo will take a 30% cut to his salary. >>> and american airlines will appeal a court ruling blocking the partnership with jetblue the judge ruling this month the plan union in the northeast is anti-competitive and ordered the airline to end the partnership in 30 days the airlines argued d teamingp would help compete in new york and boston jetblue declined to comment if it would appeal the ruling frank. >> silvana henao, thank you. >>> turning attention back to washington and house passing the bipartisan bill despite strong opposition from far right repu

now the ceo jeremy dimon hinting a at a possible future. this interview. >> i love my country and maybe one day i'll serve my country in one capacity or another. >> that comes days of dimon was deposed in a lawsuit related to the accounts of jeffrey epstein. the transcript shows he denied he ever met or discussed. the lawsuit alleges the extent knew about the allegations, but still did business with him. reporters back at the table with us. the timing is interesting in the sense that if you run for office, you get asked about erg, including something like this. but he says he's a democrat. the republican-like brain, runs when? >> it seems more likely. there's no way he would run in a congressional seat. i can't imagine the senate being satisfy ing. you're left with a governor's race, mayor, presidential race, vp on a presidential ticket, or a cab net position. but i do think all kind of it's easy to have fun with this conversation, but all that a aside, when you have been through the last several years, the coming out of 2008 financial cris

during the eight hour long interview, dimon denies ever having met or talked to epstein.awsuit alleges that they ignored multiple warnings that he was using the money to finance sex crimes. they sat for a very long interview, we're just getting red redacted transcript released here. what does it mean for the bank? >> 418 pages of testimony, really exhaustive here. epstein was a jpmorgan client from 1998 to 2013. during that time, he was indicted on a prostitution charge involving a minor. he pleaded guilty. and in 2019, he was arrested on federal sex trafficking charges and he died by suicide while detained. dimon says he was not really aware of epstein's criminal history and relationship with the bank until after the 2019 news broke. the suits allege people at chase knew about the sex trafficking allegations against epstein but they still did business with him. in a statement to cnn, a spokesperson said had the firm believed that he was engaged in ongoing sex trafficking operation, epstein would not have been retained as a client. in hindsight we regret that he was a cli

dimon goes to washington, we'll talk with one of the lawmakers that jamie dimon met with yesterday here> the thing about the economy is that today is still doing fine, assets have gone up, the debt is in good position, it is okay we have issues down the road, you know and the excess money is being spent down, quantitative tightening, this war in ukraine, oil, gas, et cetera. we have to deal with tse, hoso hopefully we'll get through all of that. this thing, it's making me get an ice bath again. what do you mean? these straps are mind-blowing! they collect hundreds of data points like hrv and rem sleep, so you know all you need for recovery. and you are? i'm an investor...in invesco qqq, a fund that gives me access to... nasdaq 100 innovations like... wearable training optimization tech. uh, how long are you... i'm done. i'm okay. >>> i think there has been clarity for years. the investing public has the benefit of the u.s. securities laws crypto should be no different. and these platforms, these intermediaries need to come into compliance and protect the investing public >> that was s.e

this was the white house most senior trip to china since february >>> jamie dimon will meet privately with a group of moderate house democrats to discuss issues on banking and the u.s. economy the closed-door lunch comes as dimon has been urged to enter the 2024 presidential race despite comments he does not plan to run. >>> starbucks is expand aning t olive oil coffee oleato beverages in alaska and new mexico and texas and vermont and cities like austin and boston. >> it looks good count me in. thank you, silvana >>> a small group of big tech stocks may be powering the overall markets higher investors apparently are not necessarily feeling the rest of what is offered here according to the data from lseg lipper, 77billion was pulled this year with large cap funds seeing the worst reversals with $39 billion pulled during that same period. helping to offset is etfs with 37bi$37 billion moving in those funds. let's bring in mark. mark, when you are looking at the market right now, it is a tale of two investors. you have the optimists and pess pessimists what do you see is concerning? >>

what do you think about jamie dimon getting into politics?think he's too smart and he's in a good position where he is. he has -- i think -- i agree with a lot of his opinions and would make a great leader for the state and country perhaps. i would bet against it. ashley: a gluten for punishment and look at the meat and potatoes and the markets are hanging out right now and not a lot of big moves and you can see the dow slightly down and nasdaq and s&p slightly up and talk about individuals and you like united health, why? >> over the last years, the market hads a nice rally and united health not taking part in that and sitting flat over the last months and sitting down and i've opened up notice from united health today and next year our company's premiums go up 16% again. so seems like our premiums go up and as long as they turn it up and they can pass onto all consumers and i think the stock is up and it could be a rally. ashley: in the financial sector, well known name, american express. what do you think about them? why do you like them?

right now jamie dimon being touted jp morgan chase ceo and history of that. ross purr row and donald trump in 2016 so there is precedent here. very close to the same thing that went on in canada about 67 years ago when kevin oilery was being touted. all in all, things did work out for kevin and he's next. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. i've spent centuries evolving with the world. that's the nature of being the economy. observing investors choose assets to balance risk and reward. with one element securing portfolios, time after time. gold. agile and liquid. a proven protector. an ever-evolving enabler of bold decisions. an asset more relevant than ever before. gold. your strategic advantage. first, there's an idea and you do something about it for the first time with godaddy. then before you know it, (it is a life changer...) yo

level of 3.2 trillion to about 2.7, forcing the fed potentially tostop quantitativ tightening >> jamie dimonuded to this already. let me ask you, 1994 was a soft landing, and it seems like because of certain things like the tightness of the senior loan survey, we don't have the same setup as we did then do you think we're heading into recession here ultimately? >> this is the point we're at. the probability of recession is much higher in mid 2023 than it was in 1994 because of the fact that that yield curve is 100 basis points inverted, no term facility is going to work when you own assets that yield 3% and you finance them at 5% so the only way out of this really is for the fed probably to reverse some of the rate hikes. i think they should sell some of the longer duration treasuries, buy short-rate treasuries, then the banking system can learn their way out of it. particularly when you talk about adding more capital. >> if someone was listening and say wow, this sounds bearish but you have been overweight equities a lot of people have said the market is rallying because it's rallying on th

capital by cozying up to american ceos like jamie dimon and elon musk.here does the white house stand on stopping money flowing into china's growing bank account? edward lawrence will have the report coming up. talking of china, accusing the u.s. of provocation after warships of the two countries were involved in a near-collision in the taiwan strait. kt mcfarland will comment on the latest escalation and she is next with a majority of my patience with sensitivity, i see irritated gums and weak enamel. sensodyne sensitivity gum & enamel relieves sensitivity, helps restore gum health, and rehardens enamel. i'm a big advocate of recommending things that i know work. do you shop for vitamins at walmart? force factor products powerfully improve your health. but they're also delicious, easy to use and affordable. that's why force factor is now the number one best selling herbs and supplements brand at walmart. unleash your potential with force factor at walmart. i got into debt in college, and no matter how much i paid, it followed me everywhere. so i consoli

jamie dimon the same thing. over to china hey we are open for business. i know elon musk is invested there and tesla needs to thrive there. still, you have to wonder if they're thinking america first. and the effort to reassure global investors that it's okay to invest there. you feel good about that? i know the manufacturing. i know the reality. but shouldn't would he be moving towards decoupling? let's move on and talk about what china has done. this just happened this week. this is actual footage of chinese fighter jet intercepting one of our fighter jets in international waters coming within 400 feet. they easily could have went awry. they are better pilots than the russian pilots. tried to do the same thing to our unmanned aircraft. provocative and irresponsible behavior. is this the behavior of a country that is trying to make amends and have good relation as are decent realities with the u.s.? the answer is no. let's move on and talk about other challenges. for example, what else is china doing? they're s

jamie dimon, elon musk, bill gates who also went there recently? stuart: jamie dimon? you say that? lauren: yeah, so, i mean -- stuart: that's your opinion? lauren: that's my opinion. you didn't ask for it. you have to keep the dialogue open. you do and keep president xi in check. stuart: thanks lauren. let's get to pure politics. a reporter tried to ask president biden about his role in the alleged bribery scheme. here is how he responded. roll tape. >> [inaudible] >> why do you ask such a dumb question. stuart: sean duffy is with me now. looking closely at that the president seemed angry at the question. do you think the bribery allegation is getting to him? >> well so yeah, he's feeling the heat, stuart. for a long time he felt like the fbi and the doj have my back they are going to sand bag this investigation. it's going to go nowhere. hunter and i are going to be fine. the problem he has is now he's hearing that burisma might have 17 tapes, 15 with hunter biden and two with him when he was the vice president. those tapes don't lie. that's his voice on the tape. th

made a statement, as well now, the settlement really removes what had become a headache for jamie dimonstreet, as you all know, and everybody knows. when i asked him directly last week about this, if he was going to settle the case, he responded k curtly, that he wasn't going to talk about litigation in that moment so, clearly, one settlement now complete the question is, they are going to settle the u.s. virgin islands piece of this, as we i asked both sides if there are negotiations going on, and neither side will comment on whether those negotiations are happening. >> eamon, does this preclude future victims from stepping forward? >> that's a good question. i don't think that it does, but i would have to double check, sort of, where this landed in terms of there being a potential class action here and any member of that class in the future. so, that's a really good question this case, though, you know, look, the email drip, drip, drip continues. u.s. virgin eye lands just filed another train ch of emails this morning, showing that people inside jpmorgan for years were raising real re

we first reported that jamie dimon is not going to run.ly the firm last night issued a statement to me personally because we broke the story that jamie is not intending to run for president now and maybe never. you heard it here first on the "claman countdown." wanted to get that little bit of housekeeping out of the way before we get to binance this is a big story in a sense that binance is a major exchange of crypto. these charges are described to me of crypto crackdown round number two. that is something we were foreshadowing on "the claman countdown" that there is going to be another crackdown on crypto, that gary gensler, sec chairman is basically cracking the whip at the enforcement division to bring more crypto cases on everything from exchanges who he believes violate fiduciary, violate the law. in this case it was a, the allegation is along the lines of what went down on ftx, commingling of customer funds, maybe using funds in other areas of the business like a hedge fund. he is looking for all of that. again, securities, crypto c

the jamie dimon stimulus is the only stimulus that will work >> take a look at the premarket.f theings working for the bulls today, vicks near a 19-month low >> it's going to 12. >> 12? >> you heard it first. >> we'll get to broadcom, dell, lulu, cost, zscaler and more when we come dak gaaaaaaaaaaaap!!! is that a goat?! you talkin' about me? gaaaaaaaaaaaap!!! i think this goat is saying “gap.” must be talking about the expenses health insurance doesn't cover. so who's talking about the money aflac pays to help close that gap? gaaaaaaaaaaaap!!! aflac! aflac! gaaaaaaaaaaaap!!! it's about to go down, baby! aflac! aflac! stop that goat! get help with expenses health insurance doesn't cover at aflac.com ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventryd

jamie dimon is in shanghai as well.h the party boss in shanghai who implored him to help bring more international financial institutions to shanghai. while government to government dialogue is limited and military dialogue between china and the u.s. is nonexistent, these business leaders are there to bridge the differences on the commercial side. paul: a bit of a pilgrimage going on in terms of china. we heard that nvidia's founder might go. stephen: the man that was replaced as the world richest man by elon musk, bernard arnault, he is planning a trip to china later this month. china is a critical part of the luxury world revenue stream and it has been fairly battered through covid zero. also battered again after a brief uptick in the shares of many of these companies in the first quarter on the optimism that the consumer would come back in full force following the dismantled -- dismantling of covid zero. the consumer has petered out in china. the shares have reflected that, whether it is lvmh, they have all come back

then it is possible to evacuate someone, let’s go 15, come on, come on , dimon, a little bit , well donen working for 12 years. six years. as daughters, i know what to do training at school, everyone there is proud, they know that you are her father, firemen have been in this service for 6 years, we have been working, saving two, helping, in general, the work is hard, but it is our job and we do it all 100% andryukha beavers, all these arrivals that we encountered after the full-scale invasion of an inadequate country neighbors, we find time to play volleyball . two- year psychological relief of personnel. well, i decided to follow in his footsteps forever, the work was difficult, but now it has changed due to these arrivals for these air three, because well, we are constantly, as it were, in anticipation of some emergency situation and are always ready to go out and help. to such a call , when he is shelled, it is more timid for the people and for those people with whom you work. and for yourself, too , it is a large -scale invasion. we answered , we leave both during the day and at nig

it's hard to believe dimon here, everything is in its place , it's hard, don't touch anything there,hen look for it. well, is there anything there? yes, in short, here is your door loaded yesterday at 23:07, as it were uploaded via net. perhaps, while i do not see any traces, there is a cache. you have to be specific. it's a long time it's from work. that is, no virtual traces at all. i don't understand at all why this virus is written for the operating system. it's safe, let's try to download it. what to download? hello mate, thank you. i personally know. i don't like him anymore. he made his choice long ago to me other evidence. let's go on like this now oh so many times was convicted under articles 161, 105 228 has close ties with the criminal communities of russia and neighboring countries. here are some addresses, apparently, where to find it you can die. why is he a thief in law? all clear. and what? how do we know this is true? maybe he's just some kind of businessman to determine the status of thieves is not so difficult with so many criminal records, i'll do it in one day. i

. >> and jeremy dimon is there, and what are the officials saying? >> well, that rethrilled with the number, and president biden is saying that it is a good day for the american economy and worker, and though he does not address the fact that the american unemployment rated tick up 3.7 to 3.9%, this is a stretch of 16 months straight of unemployment under that level, and wages are continuing to grow. what is also clear, and something that the president wanted to note, and that we might hear from the president tonight in the oval office address is that the debt ceiling deal is linked to the future of the economy, and that it is going to protect some of the key policies, and that he says is the evidence that it is going to work, and due to the historic action taken by cob ngress this week, that the plan is going to work in communities throughout the plan, and that this is his historic, and the economic recovery that the workers have made in the last two years. the debt ceiling deal is not just protecting the inflation reaction act which the white house

dimon let's go, where is the gun? my money has healed. no, we've got more money.ut of here. let's get out of here, wait, why did he take it all in? you lost, didn't you? and you won, or what, let's go automatic machines idiot? roll it, too, will yell like a cut. i understand your problems, i did not ask you about it. what are you doing? goat let's throw it in the back seat somewhere along the way. come on, back off, don't get dirty. georgievna police to call the prime minister's mediator today at 22:15 on ntv puzzle premiere from monday at 20:00 on ntv tell me, when you see the sale of ikea goods on yandex.market, buy a mug for only 59 rubles. the halva card opens the door to fantastic shopping, even during the period of discounts and sales, any purchases will become even more pleasant with a 10-month installment plan and up to 10% cashback , just one card for all purchases. to work and manage everything to be a practical housewife, and a mother for different you, one magnet cosmetic magnet cosmetic cares, then love it lusya lusya has been in yandex for a long tim

jamie dimon on capitol hill today. the jpmorgan chase ceo will meet with a group of moderate house democrats to talk about banking and the economy. the lunch takes place as he has been urged after the 2024 presidential race, despite protests he does not plan to run. global news powered by more than 2700 journalists and analysts in over 120 countries, i am lisa mateo, this is bloomberg. ♪ >> ultimately, this is going to be about a choice. it is as much about joe biden as it is who republicans to choose, or if there is a third party candidate. the election is going to be a wildcard for the market, for this year and next year. lisa: that was ed mills, raymond james policy analyst, talking about what we have ahead of us for more than a year of excitement of the 2024 elections. the candidate pool for republicans has gotten big and is getting bigger. we have heard from the former vice president, potentially chris christie today saying he will enter the race. and i am not here with john or tom. john will be here at 9:00 a.m.,

during visit he visited with foreign minister and jamie dimon there for annual growth summit. said. >> no repercussions no matter what china does? >> the ceo's should be allowed to speak for themselves and for their travel. there's never been some sort of fiat by the white house or the u.s. government that american business executives can't travel to china and can't conduct business as they feel is appropriate. maria: your thoughts on all of these business people in china and the impact? >> well, what investors need to know when they invest in these companies that end up in china with, you know, the workforce or the market there, huge chunk of that investment is going to fund the military in china and the other thing is that coming out of covid, what we have is, you know, china has spent an extra year with covid lockdown so their economy is struggling right now and what we learned coming out of covid is that we have supply chains where we are dependent on chinese production and there are huge market and it's a double whammy. when you think about the economy in china, we are re

encourage some of the ties with what they say are peace loving parties including elon musk and jamie dimonsiness elite to continue to sow fences as we understand it, the u.s. is reaching out to china. trying to encourage these communications at different levels u.s. team is in china this week to try to get those conversations going. >> eunice yoon live in beijing great to see you thank you. >>> it's that time when the networks across nbc news shine a light on people inspiring america. this coming weekend, people like lebron james and eva longoria will air on a special on saturday and sunday. all this week, cnbc will showcase business leaders who inspire as well. one company is thriving after deciding to embrace buy one donate one as a business strategy this is the founder of the bomba sock company in their own words. >> i don't think any of us looked at each other thinking sock business. that's how we're going to build something big. the idea for bombas came in 2011 scrolling on facebook, i came across a quote saying socks are the most requested clothing item in shelters. >> a one for one

jonathan: this week, jamie dimon and elon musk. jamie dimon has shown his interest in public office. jonathan: we are hearing more and more about that. lisa: if he goes to china has a neutral tone and goes to taiwan, what is this about? tom: i think anything mr. diamond does is scrutinize. he could go out for a cup of coffee on 5th avenue at the blue note cafÉ and people are wondering what it means. jonathan: this comes after our conversation this week with him and he indicated he would like to serve his country. tom: in lisa's defense, every year, there is a theme to the annual roof what and when you're was hard work and this year was geopolitics. jonathan: bill ackman talked up jamie dimon running for president. lisa: i'm not sure that help the conversation. tom: if jamie dimon was having a cup of coffee with bill ackman next to the guggenheim, guess what? jonathan: that's a good cafÉ. it's next door to the church. tom: i try to get down into the 70's in manhattan. jonathan: i'm with you. that's a great place. sort of like inside

jamie dimon saying while trade could decrease, it won't be a decoupling we turn to michelle caruso forore on this welcome. michelle, what's the importance of blinken's trip? >> blinken is going nearly the same time of bill gates. it shows how intertwined our countries are. we have a deeply troubled relationship american business is in a pickle why are they going there they need the chinese economy. yet at the same time president xi has been changing the rules he's making it more difficult to do business there and he's talking about retaking taiwan, which is why antony blinken is headed there if they were to do that, it would lead to a catastrophic situation. >> michelle, you have an interesting point about how china is helping the federal reserve. i want to come back to that. before i do, i want to stay on point with patrick patrick, is blinken's visit more about making progress with china or managing conflict with china? >> one of the main takeaways is while it's nice to have agreement, a lot of it is about managing conflict. that's exactly what the focus will be now. there's been a d

let's go right now. stand up gently dimon beat to answer, then in the back seat a bottle of water. bring it please. i don't know. i found out. what don't i know? apparently a business guy. yes, you have two phones, that's for sure. i have my passport in my bag. thank you very much, thank you. i don't know how without a phone without a passport. i don't know, we 'll have to take it all away from you as a thing. dokin was late. how so? well, the system is not so agile, otherwise we will not blame anyone. i understand you, you are now taking your phone money, we are letting you go. but what about him? let's solve problems differently. you know in some arab countries for stealing your hand to be honest, i don’t really like cut off, but sometimes i understand. what is this? what are you? thieves sit sit colleagues, they said that you dine here all the time, i will come. yes, sure. for now, i’m on soups and light food, while antibiotics killed my whole stomach , so then i obviously have to switch to normal food, but for now something like this, and then there’s no point in torturing your

help me turn it around. one moment come on, dimon began to say, everything is fine.et the opera figure it out. we were told without them do not pinch. well, yes, no, still nothing. go. oh, my mother what is vadim, everything is very bad, multiple injuries of blood loss, maybe cardiac arrest, we need to urgently ship him to the hospital. where len we already have one there, drop anapa len there, so it’s impossible for us. the patient needs to be taken to the hospital, and the car will bring it to others. i called on the radio. i said resuscitation animation, well, no faster. yes , i don't want to. you know how i drink, malyshev does not drink like that. okay, he drinks, but works well works well looks badly. tomorrow there will be many cameras, public outcry. i need one of my prosecutors. who looks great. and here's where it won't work. i do not need. i am the boss. so do it. well, i know that you will not refuse. today i signed all your papers on you in the frame. an order came. i mean , congratulations, associate attorney general. stepenko. work hard, work hard. you

bank still facing legal problems. >> dimon sat for eight hours of a deposition last month saying heis realtime but there's still a lot by the government of the virgin islands. they have sued the bank for the same thing saying they overlooked all of these red flags and didn't flag any of these suspicious transactions to authorities or if they had, it's possible the authorities might have been able to stop the sex trafficking operation. so that lawsuit still goes forward. it's pretty heated back and forth in the court filings there but that one is moving forward and the bank is suing one of their top executives who at the time had a connection, a friendship, with epstein. so a lot of litigation still continuing. >> the question, did they overlook it or was it a lot of money. >>> a gruesome google l history is emerging in the case of the utah mom murdering her husband then writing a best-selling children's book about grief. stay with us. responds to both of you for up to 44 minutes more restful slsleep per night. save $ $1,500 on the sleep numr climate360 smart bed. shop now only at sl

jamie dimon is another.'m thrilled to be here. you have to see your people and thank your people what they have done especially during the terrible time of covid which i think has done a lot of damage to the world. getting out is the right thing to do. >> and our business reporter is joining us live from hong kong. michelle, it has been a busy week for ceos. who else is making visits and why now? >> we're seeing the ceo parade in china, some of the world's biggest names in global business really heading out here to world's second largest economy. you mentioned dimon, elon musk. and i should mention starbucks ceo is in town. and this follows a string of recent visits over the last few months from the leaders of apple, samsung, volkswagen, the list goes on. and to us what this really highlights is the continued importance of china to many of the blue chip firms. >> what has been the focus of musk's trip in particular? >> what is really interesting is that we're starting to see some of the ceos really have to p

jamie dimon says the economy is fine and janet yellen telling cnbc she sees more bank consolidation aheady is it so hard to see clearly what shape the economy is in >>> and a lot of the retail names looking like home builders from a year ago. that's ahead >>> first, a quick check on the markets with the nasdaq hitting a 52-year intraday high, although we're mixed to slower s&p is down about 13 points. energy is the top performing sector today marathon, apa and halliburton are some of the biggest gainers. >>> let's get now to the big shakeup in the media world cnn's ceo chris licht stepping don just days after the atlantic published a profile about his tenure at the help shares are up 7% after this news amazon headlines a little while ago, as well cnbc's parent company and fox hired 1.3% today in february 2022, after two months after chris cuomo was fired, jeff zucker resigned. licht was his successor a few weeks ago, as discovery was merging with warner media. before taking the helm, licht was tasked with announcing the closure of cnn plus less than a month after its launch, about 250 peo

jamie dimon. what do we know about this meeting?s is xi's very first meeting with a western business figure in recent years. according to state media xi called sgatgates, the first amen friend he has seen this year. he said the foundation of u.s./china relations is in the people. and bill gates is in china to discuss global health issues with the bill and melinda gates foundation. according to cctv, this is what the chinese leader told bill gates, he said in today's world situation, we can carry out all kinds of activities that will benefit our two countries, our two peoples and humanity as a whole help let's be facilitators in this regard. on thursday the foundation renewed its ties with the beijing government to develop treatments for infectious diseases all around the world. and on wednesday when bill gates announced on twitter that he had touched down in beijing for the first time in five years, and he said solving problems like climate change, health inequity, food insecurity, requires innovation from developing malaria drugs t

jamie dimon will be in capitol health today.t privately with a group of moderate house democrats to talk about banking and the u.s. economy. the closed door lunch takes place as jamie dimon has been urged to enter the 2024 presidential race, despite protests he does not plan to run. prince harry in court testifying against the tabloid publisher he accuses of phone hacking and snooping. he claims the publisher of the daily mirror used unlawful techniques to get scoops, which the company denies. harry is the first senior british royal since the 19th century to face questioning in court. higher energy costs reverberating through europe, keeping inflation high. that today from european central bank governing council member class cannot. he spoke in months of bird today, -- he spoke in luxembourg today, a week before the ecb is expected to raise rates further before another projected increase in july. global news powered by more than 2700 journalists and analysts in over 120 countries. i am simone foxman. this is bloomberg. alix: let

executives at the bank were deposed, recently jamie dimon.nd there was a lot of public interest in the case and it seemed like a pretty good time for both parties to come to the table and negotiate. jon: i guess in terms of the reputational risk, did that factor in as far as your reporting tells you about how they got to this point? >> i think absolutely, you had top executives at the bank being forced to face depositions, there were 10 emails there were older about compliance staff and retainers years after. notably of course there former executive brought serious questions about that behavior and relationship with jeffrey epstein. i think that would have been a real headache for the bank promote reputation and public relations standpoint and definitely would have played into the decision-making here. jon: to clarify, are there still cases outstanding involving epstein and the banks? >> to others, the u.s. virgin islands where epstein had a private estate. jp morgan had similar claims and they have filed their own lawsuit against jes staley,